WINK DELIVERS MORE DATA THROUGH THEIR API SOLUTION
{May 12th, 2025} by Wink's Press Release
— FOR IMMEDIATE DISTRIBUTION — NEWS RELEASE WINK DELIVERS MORE DATA THROUGH THEIR API SOLUTION Wink’s AnnuitySpecs Offers an Application Programming Interface for Standard and Bespoke Data Needs Des Moines, Iowa. May 9, 2025– In the continued pursuit of their mission statement, “To provide the best darned competitive intelligence to the life insurance and annuity […]
Posting again, so don’t say I didn’t warn you
{May 12th, 2025} by Sheryl J. Moore
If you are an index provider, and you have not asked me to include you in my directory, you need to. Please let me know if you have any questions. Thanks! -sjm
Software Engineer
{May 12th, 2025} by Wink's CTO
We are seeking a highly skilled and motivated Software Engineer to join our IT team! Wink, Inc. is a data intelligence leader in the annuity and life insurance industries. We are committed to modernizing our applications and providing our customers with efficient, data-driven insights. The ideal candidate will be responsible for designing, developing, and implementing […]
AuguStar Life launches most competitive income IUL product to date
{May 12th, 2025} by AuguStar Life
CINCINNATI , May 12, 2025 /PRNewswire/ — AuguStar® Life, a Constellation company, is proud to announce the launch of Virtus IUL III, one of the life insurance industry’s top indexed universal life products. Designed to provide clients with a blend of accumulation potential, superior income distribution and protection features, it is an ideal solution for both personal and business […]
Nationwide Prepares to Enter a Quiet Slice of a Booming Segment
{May 12th, 2025} by Cyril Tuohy
Eight insurers currently offer 21 fixed-rate annuities with a guaranteed lifetime withdrawal benefit, according to life and annuity researcher Wink. Insurers range from powerhouses such as Prudential Financial, Corebridge Financial and New York Life, to smaller players like Oxford Life and Sentinel Security Life. Some insurers automatically include the income benefit while others offer the benefit as an option. Wink CEO Sheryl Moore said fixed […]
Annuity Sellers Sharpen Channel Focus to Gain Competitive Edge
{May 12th, 2025} by Warren S. Hersch
Sheryl Moore, CEO of Wink, which publishes Wink‘s Sales & Market Report, said in an email that sales drivers vary by channel. She noted, for example, that “premium banding” is more impactful in the bank channel than through distributors catering to independent agents. Premium banding is a pricing structure where an annuity’s credited interest rate varies based on […]
John Hancock Marks 10 Years of Helping Customers Live Longer, Healthier, Better Lives Since Launch of Industry-Leading Vitality Program
{May 12th, 2025} by John Hancock
BOSTON, May 12, 2025 /PRNewswire/ – Today, John Hancock, a unit of Toronto-based Manulife, is marking the ten-year anniversary of John Hancock Vitality, honoring the insurer’s commitment to helping customers live longer, healthier, better lives. Launched in the spring of 2015, the John Hancock Vitality program, which provides customers with education, support, incentives, and rewards for the everyday things […]
Americans rate their financial happiness a 4.9 out of 10
{May 12th, 2025} by Empower
GREENWOOD VILLAGE, Colo., May 8, 2025 /PRNewswire/ — On America’s financial scorecard, people rate their happiness with their overall personal finances a 4.97 out of 10, according to new research from Empower, a financial services company – and scores need improvement across the board, as the majority (91%) are prioritizing their financial health and happiness in a year […]
Employees struggle financially making it paycheck to paycheck, while employers fall short in meeting expectations for support
{May 12th, 2025} by Prudential
NEWARK, N.J.–(BUSINESS WIRE)–Prudential Financial, Inc. (NYSE: PRU) released today its annual Benefits & Beyond study that reveals day-to-day financial stress is a leading concern for employees. Employees are raising their expectations for robust workplace benefits and believe their employers should play a larger role in helping them alleviate that stress. Employers agree, yet many aren’t keeping up […]
Lincoln Financial Expands Elite Indexed Universal Life Portfolio With New Early Cash Value Product
{May 12th, 2025} by Lincoln Financial
RADNOR, Pa.–(BUSINESS WIRE)–Today, Lincoln Financial (NYSE: LNC) announced the launch of Lincoln WealthBuilderSM ECV IUL, an accumulation-focused life insurance product designed with early cash value benefits for premium finance1 and business cases. It is the second product available as part of the company’s new Elite Indexed Universal Life (IUL) Portfolio issued by The Lincoln National Life Insurance Company. “The opportunity […]
Lincoln Financial Reports 2025 First Quarter Results
{May 12th, 2025} by Lincoln Financial
RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial (NYSE: LNC) today reported financial results for the first quarter ended March 31, 2025. Execution against strategic and financial objectives drove another quarter of strong performance. First quarter net income (loss) available to common stockholders was $(756) million, or $(4.41) per diluted share. First quarter adjusted operating income available to common […]
Brighthouse Financial Announces First Quarter 2025 Results
{May 12th, 2025} by Brighthouse Financial, Inc
CHARLOTTE, N.C.–(BUSINESS WIRE)–Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Results The company reported a net loss available to shareholders of $294 million in the first quarter of 2025, or $5.04 per diluted share, compared with a […]
Jackson brushes off reinsurance loss, volatility with Q1 annuity sales bump
{May 12th, 2025} by John Hilton
Jackson Financial continues its evolution from primarily a variable annuity seller to a one-stop annuity operation that performs like an asset manager. Jackson’s retail annuity suite reported first-quarter growth across all lines, executives said Thursday: Sales of variable annuities, which reached $2.7 billion, were up 9% from the first quarter of 2024, with a more […]
Brighthouse Financial execs dodge sale rumors, mixed Q1 numbers
{May 12th, 2025} by John Hilton
Rumors are swirling about the potential sale of Brighthouse Financial but executives were tight-lipped during a Friday conference call with Wall Street analysts. “We don’t comment on market rumors or speculation, so I’m just going to leave it at that,” CEO Eric Steigerwalt said at the conclusion of the call. According to a recent Semafor report, Sixth […]
Life insurance application activity again flat in April, MIB reports
{May 12th, 2025} by Staff Reports
Life insurance application activity continued its languid pace in April 2025, up just 0.5% over the year-ago month, the MIB Life Index reported Thursday. When comparing April 2025 to the same month in prior years, activity was up 10.9% compared to 2023 and up 9.3% compared to 2022. On a year-to-date basis, activity through April […]
California Court OKs $80M Life Insurance Policy Lapse Notice Settlement
{May 12th, 2025} by Allison Bell
A proposed class-action settlement in California could help tens of thousands of people who failed to pay their life insurance premiums get their coverage back. U.S. Magistrate Judge Allison Goddard recently granted preliminary approval of a settlement between two insurers — Protective Life Insurance Co. and West Coast Life Insurance Co. — and the owners […]
FINRA Suspends Rep for Unsuitable Annuity Switches
{May 12th, 2025} by Melanie Waddell
The Financial Industry Regulatory Authority has fined a former rep and suspended him for 12 months for recommending 10 unsuitable L-share variable annuity exchanges to nine customers, and two unsuitable variable annuity purchases to two customers — which resulted in the customers paying higher fees. According to FINRA’s order, from June 2019 to February 2020, Thomas […]
Fierce Annuity Competition Pushes Issuers to Stand Out
{May 12th, 2025} by Allison Bell
Competition in the U.S. retail annuity market is ferocious, and that could add options for clients who want something different. Lincoln Financial CEO Ellen Cooper talked about the impact of competition on annuity issuer product and strategy creativity today during a conference call with securities analysts. The company’s annuity sales increased 33% between the first […]
Global Atlantic opens larger Bermuda office to support growth
{May 12th, 2025} by Kenneth Araullo
Global Atlantic Financial Group has announced the expansion of its Bermuda operations with the opening of a new office at Washington House on Church Street in Hamilton. The new office spans more than 15,000 square feet, tripling the size of Global Atlantic’s previous space. The facility features open-concept work areas, a lounge, and an […]
If people don’t know that you have it, they’ll assume you don’t.
{May 12th, 2025} by Sheryl J. Moore
We’ve had this for a couple of years, but I thought that maybe I should promote it. If people don’t know that you have it, they’ll assume you don’t. -sjm
OneAmerica Financial® and Amada Senior Care Announce Innovative Collaboration to Support Caregivers
{May 12th, 2025} by OneAmerica Financial
INDIANAPOLIS, May 12, 2025 /PRNewswire/ — OneAmerica Financial® and Amada Senior Care, two leaders in the Long-Term Care (LTC) industry, today announced a collaboration aimed at improving the LTC experience for both policyholders and their caregivers. Recognizing the growing and vital role informal caregivers play in supporting their loved ones during long-term care events, OneAmerica Financial recently enhanced its market […]
Finra Defends Outside-Biz Rule Proposal
{May 12th, 2025} by Alex Padalka
The Financial Industry Regulatory Authority is hitting back at critics of its recent proposal on updating its regulations on brokers’ and employees’ outside business activities. In March, the industry’s self-regulator issued a request for comment on its proposal to “streamline and reduce unnecessary burdens” and address what it called a “dichotomy” created by the two different rules that are […]
6 steps to successful IUL sales
{May 12th, 2025} by Angela Palo
In more than 20 years working as an insurance agent, I saw firsthand the importance of understanding universal life insurance when it was still the new kid on the block, and well before IUL became a real thing in the late 1990s. IUL is a powerful financial tool that combines life insurance security with the […]
Keep life insurance companies protecting families
{May 12th, 2025} by Staff
Every day, hardworking Oklahomans roll up their sleeves to build better lives — for themselves, their families and their communities. What many folks might not realize is that there’s a powerful engine working quietly behind the scenes to support all that progress: the life insurance industry. Having led the American Council of Life Insurers for seven years, […]
Allianz Life Debuts Enhanced Annuity Options
{May 11th, 2025} by Amanda Umpierrez
Allianz Life Insurance Company of North America announced that it is launching enhanced versions of two fixed index annuities in response to consumer demand and to further help protect Americans from ongoing market volatility. Allianz Benefit Control+TM Annuity and Allianz 222+TM Annuity have more options for diversification and personalization with new features: Read via 401k
Annuity Issuers’ Ordinary Bonds Are Hard to Trade, Apollo’s CEO Warns
{May 11th, 2025} by Allison Bell
The tariff-related storms that hit world investment markets in April showed that, on bad days, publicly traded bonds are not very liquid, according to Apollo Global Management CEO Marc Rowan. Rowan talked about the days when the public bond markets gummed up during a conference call the asset manager held Friday to go over first-quarter […]
Contingent Deferred Annuities: Time for Renewal?
{May 11th, 2025} by Carlton Fields, Harry Eisenstein
Contingent deferred annuities (CDAs) represent an interesting approach to securing lifetime income but have struggled for recognition in the marketplace since their introduction more than a decade ago. Recent developments, however, offer the product a chance for new life and offer advisers an opportunity to build out their toolkits for assisting investors who want a […]
Flourish Annuity Platform Marks Major Expansion
{May 11th, 2025} by John Manganaro
The wealth management technology provider Flourish has announced a significant expansion of its annuity distribution platform for registered investment advisors. The platform, launched in early 2024, now includes registered index-linked annuities, fixed indexed annuities and variable annuities. In addition, advisors serving retirees seeking greater income security can now add guaranteed lifetime withdrawal benefits (GLWBs) to eligible […]
New Jersey Adopts the “Best Interest” Standard in Annuity Transactions
{May 11th, 2025} by Bressler, Amery & Ross, P.C., Roxanne Rehm
On April 21, New Jersey became the 50th and final state to adopt the Best Interest standard for annuity transactions. The new New Jersey standard is based on the National Association of Insurance Commissioners (NAIC) Suitability in Annuity Transactions Model Regulation and is designed to protect consumers purchasing annuities by implementing requirements for duty of care, […]
Regional Vice President-Life Insurance
{May 9th, 2025} by AuguStar Life
Regional Vice President for the Upper Midwest territory is responsible for generating sales and growing AuguStar Life Insurance for assigned territories in person and virtually. Proactively marketing AuguStar Life Insurance products through the recruitment of new General Agents while building and retaining relationships with existing General Agents. We are specifically looking for an RVP located […]
I am insurance.
{May 8th, 2025} by Sheryl J. Moore
**********My life has been full of adversity.********** – Born to teenage parents; – Abused throughout childhood; – Lived in abject poverty; – Married a police officer who went to prison; – First child born with birth defects and health problems; – Single mom with three babies, and no child support; – Lived in abject poverty […]
Revol One Financial® Enduris 6 & 10 FIA™s Can Provide Annuity Owners with Protection from Early Market Volatility
{May 8th, 2025} by Revol One Financial
URBANDALE, IA, UNITED STATES, May 1, 2025 /EINPresswire.com/ — In a year already marked by sharp market swings, Revol One Financial® is delivering a product feature built for uncertain times. The Best Entry Rider, available exclusively on the Enduris 6 and Enduris 10 Fixed Indexed Annuities™ (FIAs), is designed to help annuity owners weather market volatility early in the […]
Allianz Life Introduces New Versions of Top-Selling Fixed Index Annuities
{May 8th, 2025} by Allianz
MINNEAPOLIS–(BUSINESS WIRE)–Allianz Life Insurance Company of North America (Allianz Life) announced today that it is launching enhanced versions of two of its top-selling1 fixed index annuities in response to consumer demand and to further help protect Americans from ongoing market volatility. Allianz Benefit Control+TM Annuity and Allianz 222+TM Annuity have more options for diversification and personalization with new […]
Private-Equity Firms Have Increased Risk in Life Insurance, Berkshire’s Jain Says
{May 8th, 2025} by Andy Serwer
The Berkshire shareholder had an insurance question for CEO Warren Buffett and the company’s insurance head, Ajit Jain. It centered on private-equity firms like Blackstone, Apollo, and KKR aggressively expanding to insurance and increasing risk. “There’s no question the private-equity firms have come into this space, and we are no longer competitive in this space,” […]
Nationwide increases roll-up rates on L.inc+, High Point 365 annuity riders
{May 8th, 2025} by Nationwide
Columbus, OH – As investors continue to struggle with today’s volatile economic environment, Nationwide has announced enhanced rates on guaranteed income riders offered in its variable and fixed indexed annuities, providing investors with better value on riders offering flexibility, growth and stability during market volatility. The Nationwide Lifetime Income Rider+® (L.inc+) Suite and Nationwide High […]
CLOs: The 4th Leg of the ‘Bermuda Triangle’
{May 8th, 2025} by Kerry Pechter
Shadow banking” is a phenomenon I’d heard of but never fully understood. Read the story via RIJ. Wink’s Moore on the Market: Do you keep hearing about collateralized loan obligations (CLOs), in association with private equity, but have difficulty understanding them? Well, Kerry Pechter and Retirement Income Journal have us covered! Check it out. […]
Market volatility and its impact on FIA participation rates
{May 8th, 2025} by Susan Rupe
Volatility is a word that has been thrown about a lot lately when describing the state of the stock market and the general economy. But what does market volatility have to do with fixed indexed annuities? A recent webinar by the National Association for Fixed Annuities explained the connection. Volatility impacts FIA participation rates – […]
Offshore reinsurance booms as regulators play catch-up
{May 8th, 2025} by John Hilton
Update: A-Cap insurers and Utah regulators agreed to mediation to settle their dispute. In a deal announced April 29, Utah and three A-Cap-owned insurance companies, Sentinel Security Life Insurance Co., Haymarket Insurance Co., and Jazz Reinsurance Co. agreed to pause their pending litigation. To be a big life and annuity player in 2025 practically requires having […]
KKR execs vow to ‘keep investing’ amid global economic distress
{May 8th, 2025} by John Hilton
KKR will not pull back from its strategy in the face of worldwide market volatility, said co-CEO Scott Nuttall. In fact, the firm expects to be even more aggressive. The global private-equity and investment company – and owner of Global Atlantic Financial Group – KKR reported first-quarter earnings and met with Wall Street analysts Thursday morning. Read […]
Prudential rides U.S. Businesses to Q1 win, but new CEO wants more
{May 8th, 2025} by John Hilton
Prudential Financial reported a first-quarter profit gain off strong underwriting in the insurer’s U.S. Businesses unit. However, new CEO Andrew Sullivan, who was overseeing his first quarterly report, said it was not enough. The Prudential board of directors named Sullivan to succeed Charles Lowrey in December and he took over on March 31. Read via INN
Apollo shakes off loss of ‘Goldilocks’ economy, keeps making money
{May 8th, 2025} by John Hilton
Markets worldwide might be destabilized by ongoing tariff wars initiated by the United States, as well as aggressive military activity in the Middle East and Ukraine. But Apollo Global Management will continue making money. Read via INN
Globe Life execs happy to focus on Q1 sales as controversies fade
{May 8th, 2025} by John Hilton
Globe Life executives took a break from two years of relentlessly bad publicity to discuss strong first-quarter financials this week. The McKinney, Texas-based insurer reported a 13% increase in net income per share and a 10% rise in net operating income per share over the year-ago quarter. The company also reported significant growth in life […]
Corebridge Financial rides RILA rollout success amid choppy Q1 waters
{May 8th, 2025} by John Hilton
Corebridge Financial completed its first full quarter selling a registered index-linked product and the Q1 results were excellent, CEO Kevin Hogan said Wednesday. Introduced in October, the MarketLock RILA made Corebridge the biggest annuity seller to offer products in every major category. The insurer recorded $260 million in RILA sales during the first quarter, Hogan told […]
Guardian enhances Guardian MarketPerform®, expanding access to New York and adding more customizations
{May 8th, 2025} by Guardian
NEW YORK, May 5, 2025 /PRNewswire/ — The Guardian Life Insurance Company of America® (Guardian) has announced that Guardian MarketPerform®, its Registered Index-Linked Annuity (RILA), is now available in New York. First launched nationwide in 2024, Guardian is also introducing additional investment customization options to Guardian MarketPerform. Guardian MarketPerform is a long-term, tax-deferred retirement product. It offers features that allow those […]
Brookfield Asset Management touts big first-quarter fundraising
{May 8th, 2025} by John Hilton
As private equity giants jockey for assets, Brookfield Asset Management staked its claim with a powerful first-quarter performance. The firm reported a 26% year-over-year increase in fee-related earnings, reaching a record $698 million for the quarter. Distributable earnings also saw a significant jump, growing by 20% to $654 million. Read via INN
FINRA’s New Outside Activities Proposal Is Absurd
{May 8th, 2025} by Ric Edelman
Ed. Note: On May 5, FINRA clarified that its proposal would not require associated persons to report to and receive approval from their broker-dealers to personally purchase bitcoin, a beach house or insurance or maintain a bank account, and that these types of personal activities are, in fact, excluded from the rule. Just when everybody thought crypto […]
Corebridge CEO: Annuity Market Pricing Is Still Rational
{May 8th, 2025} by Allison Bell
Demand for individual annuities is still strong, Corebridge Financial’s CEO told securities analysts Tuesday during a conference call. Corebridge is one of the biggest individual annuity issuers. Marc Rowan, the CEO of Apollo Global Management — the owner of another big annuity issuer, Athene — said Friday that some rivals have been selling annuities for rates […]
Life Insurance ‘Will Not Be a Pay-For’ for Tax Bill, Finseca Tells Congress
{May 8th, 2025} by Allison Bell
Finseca is trying to keep budget and tax bill negotiators in Washington from squeezing more cash out of life insurers and life policyholders. “This industry will not be a pay-for for this tax bill,” Jennifer Fox, the group’s vice president of federal affairs, said in a video with Finseca CEO Marc Cadin that was posted recently on […]
Talcott Arm to Reinsure $10B in MetLife Variable Annuity and Rider Reserves
{May 8th, 2025} by Allison Bell
MetLife has picked an arm of Talcott Resolution Life to reinsure U.S. retail variable annuities and annuity riders backed by about $10 billion in reserves. Completing the deal would eliminate about $100 million in annual earnings. But the deal should also cut investment hedging costs by $45 million per year, free about $250 million in […]
Life Insurance Brokers Need DOL Attention
{May 8th, 2025} by Howard Wolkowitz
Today, under Internal Revenue Service guidelines, career agents are considered statutory employees of the life insurer. Independent brokers do not qualify for statutory employee status. Read via Think Advisor
Annuity Issuers Ask Congress to Change the Tax Rules for Their Bonds
{May 8th, 2025} by Allison Bell
Life insurers are asking Congress for an Internal Revenue Code change that could make annuities cheaper and easier to offer. The insurers want Congress to recognize that bonds and notes are the beef and beans that fill the annuity burritos, not the stoves, ovens and other capital assets used to cook them. Read via Think […]
A lower maximum premium for indexed annuity contracts, that are owned by Trusts or Corporations. Why?
{May 8th, 2025} by Sheryl J. Moore
I have a client that has a question, which I cannot answer. Can you help? “We have seen that some companies have a lower maximum premium for indexed annuity contracts, that are owned by Trusts or Corporations. Our observation is that most indexed annuities have a max premium of $2 million or $3 million. However, […]
Wow. I cannot read on.
{May 8th, 2025} by Sheryl J. Moore
In reply to How to Choose an Annuity: Best Annuity Companies of 2025. “Most annuities require buyers to be at least 59 ½ before permitting penalty-free withdrawals.” Not exactly. “Otherwise, you incur a 10% early withdrawal fee.” Actually, it could be as much as 20%. *wince* “…[it] grows (often tax-deferred) through interest payments or investments.” […]
Jackson Announces First Quarter 2025 Results
{May 8th, 2025} by Jackson Financial Inc.
LANSING, Mich.–(BUSINESS WIRE)–Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Key Highlights Retail annuity sales1 of $4.0 billion in the first quarter of 2025, up 9% from the first quarter of 2024 Variable annuity sales1 of $2.7 billion in the first quarter of 2025, […]
Midland National and Dimensional Fund Advisors Announce Collaboration to Deliver New ETF-based Custom Index Annuity Solutions for Advisors and Their Clients
{May 8th, 2025} by Midland Advisory
WEST DES MOINES, Iowa–(BUSINESS WIRE)–Midland Advisory, part of Midland National® Life Insurance Company, announces a new collaboration with Dimensional Fund Advisors to enhance index-linked annuity solutions. This initiative introduces a creative way for advisors to access Dimensional’s investment philosophy within the framework of a registered index-linked annuity (RILA), in which performance is linked to a custom index constructed […]
Global Atlantic Unveils New Bermuda Office to Accommodate Expansion and Growth
{May 8th, 2025} by Global Atlantic Financial Group
HAMILTON, Bermuda–(BUSINESS WIRE)–Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today announced a strategic expansion of its Bermuda office into a new, state-of-the-art facility at Washington House, located on Church Street in Hamilton. The move marks a major milestone for the company’s continued […]
Corebridge Financial Announces First Quarter 2025 Results
{May 8th, 2025} by Corebridge Financial, Inc
HOUSTON–(BUSINESS WIRE)–Corebridge Financial, Inc. (“Corebridge” or the “Company”) (NYSE: CRBG) today reported financial results for the first quarter ended March 31, 2025. Kevin Hogan, President and Chief Executive Officer, said, “Corebridge generated strong earnings and delivered attractive capital return over the first quarter, executing on our strategic priorities. Our capital, liquidity and financial flexibility position […]
Insure.com’s 2025 Mother’s Day Index: Mom’s Salary Hits $145,235
{May 8th, 2025} by Insure.com
FOSTER CITY, Calif.–(BUSINESS WIRE)–Insure.com, a trusted source for expert insurance insights, has released its 15th annual Mother’s Day Index, which finds that the unpaid work mothers typically perform at home would command an annual salary of $145,235 — a 4% increase from last year. Read the full report: Mother’s Day Index 2025: Mom’s salary up 4% […]
F&G Annuities & Life Reports First Quarter 2025 Results
{May 8th, 2025} by F&G Annuities & Life, Inc.
DES MOINES, Iowa, May 7, 2025 /PRNewswire/ — F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today reported financial results for the first quarter ended March 31, 2025. Net loss attributable to common shareholders (net loss) for the first quarter of $25 million, […]
FNF Reports First Quarter 2025 Financial Results
{May 8th, 2025} by Fidelity National Financial, Inc.
JACKSONVILLE, Fla., May 7, 2025 /PRNewswire/ — Fidelity National Financial, Inc. (NYSE:FNF) (“FNF” or the “Company”), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority-owned, publicly traded subsidiary F&G Annuities & […]
F&G Annuities & Life Ranked Among Top Pension Risk Transfer Market Leaders For Fourth Consecutive Year
{May 8th, 2025} by F&G Annuities & Life, Inc.
DES MOINES, Iowa, May 7, 2025 /PRNewswire/ — F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced cumulative sales of pension risk transfer (PRT) transactions of more than $7 billion solidifying the Company’s top 10 ranking among PRT market leaders for […]
Joining the Century Club: The New Retirement Risk Americans Aren’t Ready For
{May 8th, 2025} by Nationwide
COLUMBUS, Ohio, May 1, 2025 /PRNewswire/ — The number of Americans living to 100 and beyond is expected to quadruple by 2054, according to the U.S. Census Bureau. Yet despite this surge in longevity, new research from Nationwide Retirement Institute and The American College of Financial Services (“The College”) reveals a troubling disconnect: while lifespans are rising well into the […]
Mountain Life Announces Montana Expansion
{May 8th, 2025} by Mountain Life Insurance Compnany
LEXINGTON, Ky., May 1, 2025 /PRNewswire/ — Mountain Life Insurance Company is pleased to announce that it is now operational in the state of Montana. With the awarding of its latest license by the state of Montana, the company now offers its range of products to customers in 13 states. Mountain Life looks forward to welcoming its first agents and customers […]
Kansas City Life Announces First Quarter 2025 Results
{May 8th, 2025} by Kansas City Life Insurance Company
KANSAS CITY, Mo., May 1, 2025 /PRNewswire/ — Kansas City Life Insurance Company recorded net income of $1.9 million or $0.19 per share in the first quarter of 2025 compared to net income of $1.6 million or $0.16 per share in the first quarter of 2024. This result included a $4.2 million or 6% decrease in policyholder benefits, net of reinsurance, and a $0.9 million or 3% […]
Fitch upgrades Constellation’s insurance subsidiaries’ rating to ‘A’
{May 8th, 2025} by Constellation Insurance Inc.
CINCINNATI, May 5, 2025 /PRNewswire/ — Constellation Insurance, Inc., announces today that Fitch Ratings has upgraded its Insurer Financial Strength (IFS) rating of its insurance subsidiaries, AuguStar® Life Insurance Company, AuguStar Life Assurance Corporation and National Security Life and Annuity Co, to “A” and assigned a stable outlook. “We are very pleased Fitch has recognized our strategic transformation into […]
John Carroll Interview, Part II: Overcoming the Ned Ryerson stigma
{May 8th, 2025} by John Hilton
The average insurance agent is older, probably white, and most likely a man. These are trends the industry has tried to change for many years. But young people are shying away from careers in insurance. Read via INN
John Carroll Interview, Part I: Products have changed a lot in 40 years
{May 8th, 2025} by John Hilton
The life insurance industry was a lot more vanilla when John Carroll first joined it in the early 1990s. Carroll, senior vice president and head of insurance and annuities for LIMRA, began as an annuity seller for Merrill Lynch, eventually leading campaigns and designing marketing materials. His product suites did not stray far from the […]
Calling All VB.Net & SQL Software Engineers! We’re Hiring!
{May 1st, 2025} by Sheryl J. Moore
I’m thrilled to announce we’re on the hunt for our next software superstar! We’re seeking a talented Software Engineer with professional experience with VB.Net and SQL Server to join our amazing tech team. You’ll be designing applications and helping maintain our existing systems. Check out the full details and apply here: https://tally.so/r/3lg4oN Let’s build something […]
Listen to Trailblazer Sheryl J. Moore, CEO of Moore Market Intelligence
{May 1st, 2025} by Sheryl O'Connor
Feeling overwhelmed and in need of inspiration? Sheryl Moore, CEO of Moore Market Intelligence and Wink shares how she overcame numerous personal and professional challenges on her journey to success!
Prudential Financial, Inc. Announces First Quarter 2025 Results
{May 1st, 2025} by Prudential Financial, Inc.
NEWARK, N.J.–(BUSINESS WIRE)–Prudential Financial, Inc. (NYSE: PRU) today reported first quarter results. Net income attributable to Prudential Financial, Inc. was $707 million ($1.96 per Common share) for the first quarter of 2025, compared to net income of $1.138 billion ($3.12 per Common share) for the first quarter of 2024. After-tax adjusted operating income was $1.188 […]
Equitable Holdings Reports First Quarter 2025 Results
{May 1st, 2025} by Equitable Holdings, Inc
NEW YORK–(BUSINESS WIRE)–Equitable Holdings, Inc. (“Equitable Holdings”, “Holdings”, or the “Company”) (NYSE: EQH) today announced financial results for the first quarter ended March 31, 2025. “For the first quarter, we reported Non-GAAP operating earnings per share of $1.30, or $1.35 after adjusting for notable items. We continue to see strong organic growth momentum across our […]
AM Best Affirms Credit Ratings of Principal Financial Group, Inc. and Its Subsidiaries
{May 1st, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of Principal Life Insurance Company and Principal National Life Insurance Company. Both are life insurance operating companies of Principal Financial Group, Inc. (PFG) [NASDAQ: PFG] and collectively referred to as Principal. Concurrently, […]
Principal Financial Group Announces First Quarter 2025 Results
{May 1st, 2025} by Principal Financial Group
DES MOINES, Iowa–(BUSINESS WIRE)–Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2025. Diluted earnings per common share 1Q25 Net income attributable to PFG (in millions) 1Q25 Net income attributable to PFG $0.21 Net income attributable to PFG $48 Non-GAAP net income attributable to PFG, excluding exited business1 $1.31 […]
CNO Financial Group Reports First Quarter 2025 Results
{May 1st, 2025} by CNO Financial Group, Inc.
CARMEL, Ind., April 28, 2025 /PRNewswire/ — CNO Financial Group, Inc. (NYSE: CNO) today reported net income of $13.7 million, or $0.13 per diluted share, in 1Q25 compared to $112.3 million or $1.01 per diluted share, in 1Q24. Non-economic accounting impacts due to market volatility reduced net income in 1Q25 and increased it in 1Q24. Net operating income,(1) which excludes these non-economic accounting impacts, was $81.1 million, or $0.79 per […]
New Study Finds One in Four Millennial U.S. Workers Expect to Live 30 or More Years in Retirement
{May 1st, 2025} by TIAA Institute
NEW YORK, April 29, 2025 /PRNewswire/ — A new study from the TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC), part of the Stanford Initiative for Financial Decision-making, finds that 26% of Gen Y (Millennial) U.S. workers expect to live 30 or more years in retirement, but will they work long enough to secure their golden […]
Freedom & Faith Agency and Integrity Partner to Help More Americans with Holistic Life, Health and Wealth Coverage
{May 1st, 2025} by Integrity Marketing Group, LLC
DALLAS, April 29, 2025 /PRNewswire/ — Integrity, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has partnered with Freedom & Faith Agency, an independent marketing organization based in Chapel Hill, North Carolina, and led by Alisha and Ryan Wimmer. Financial details of the partnership were not […]
IUL: Offering stability amid trade tariff uncertainty
{May 1st, 2025} by Susan Rupe
Protection is the new performance in today’s volatile market environment, and that is why so many consumers are turning to indexed universal life. That was the word from Jared Nepa, senior vice president and head of insurance solutions distribution for Lincoln Financial Distributors. Nepa spoke with InsuranceNewsNet about IUL and its protection against the market […]
MIB Group introduces first e-signature platform specifically for life insurance
{May 1st, 2025} by John Hilton
The first e-signature and workflow support platform specifically designed for life insurance should bring speed and simplicity to the industry, MIB Group said. Paperless Solutions Group, an MIB company, leveraged existing technology to create PSG eXpedite to help manage electronic signatures while improving document processing, explained Andrea Caruso, executive vice president and chief operating officer […]
Stubbornly high Q1 mortality puts a dent in Equitable earnings
{May 1st, 2025} by John Hilton
Equitable Holdings is the latest life insurer to report disturbingly unexplained mortality results. Equitable executives met with Wall Street analysts Wednesday and reported healthy first-quarter revenues of $4.6 billion. However, the mortality results dampened enthusiasm. Read via INN
Annuity and Trust Assets: The Education Connection
{May 1st, 2025} by Allison Bell
Whether going to college is worth it and what kinds of degrees are worth it are controversial topics right now. One takeaway from the Census Bureau annuity and trust ownership data is clear, however: Higher education has a strong correlation with how likely Americans are to own annuities and trusts. Read via Think Advisor
CFP Board to Hike Annual Renewal Fee
{May 1st, 2025} by Melanie Waddell
To maintain its “competitive edge in a crowded field of designations,” the Certified Financial Planner Board of Standards announced Tuesday that, effective Oct. 1, the annual renewal fee for using the CFP mark will be increased to $575 from $455 — a 26% increase. “Since launching the first Public Awareness Campaign in 2011, CFP Board […]
Tax Court Judge Notices a Couple Keeping an Annuity
{May 1st, 2025} by Allison Bell
U.S. Tax Court judges could look at clients’ moves to sell or keep annuities when evaluating the clients’ overall financial status. Judge Albert Lauber took the treatment of a couple’s annuity into account in a recent opinion about a case involving a charitable contribution deduction for a conservation easement related to the 2016 donation of 110 acres […]
Equitable: Volatility Helps Push Individual Annuity Sales Higher
{May 1st, 2025} by Allison Bell
Investment market volatility is helping Equitable Holdings sell more annuities. “April was a good month for us,” Equitable CEO Mark Pearson told securities analysts Wednesday during a conference call. Read via Think Advisor
5 Annuity Issuer Risks on the Fed’s Radar
{May 1st, 2025} by Allison Bell
The Federal Reserve Board is in charge of bailing financial services companies out if they get in trouble, and it gives each financial services sector a thorough roasting twice a year, in the biennial Financial Stability Report series. The life and annuity issuers and their regulators contend that bank regulators focus too much on insurers’ […]
Jury Finds Massachusetts Advisor Failed to Disclose Annuity Conflicts to Retirees
{May 1st, 2025} by Melanie Waddell
After a seven-day trial, a jury has found that investment advisor Jeffrey Cutter and his advisory firm, Cutter Financial Group, failed to disclose to their clients significant upfront commissions, among other conflicts of interest, as part of an annuity replacement scheme. Read via Think Advisor Wink’s Moore on the Market: Finally, a decision on the […]
Jury delivers split decision in Jeffrey Cutter annuity sales trial
{May 1st, 2025} by John Hilton
A Massachusetts jury delivered a split verdict Wednesday against an advisor accused of making improper annuity sales. The jury determined that Jeffrey Cutter and Cutter Financial Group did not violate Section 206(1) of the Investment Advisers Act of 1940, but did find violations of Section 206(2). Read via INN Wink’s Moore on the Market: More […]
I put my vote into PUAs
{May 1st, 2025} by Sheryl J. Moore
Basic participating whole life insurance dividend options: – Accumulate at interest; – Cash; – Loan interest reduction; – Loan reduction; – One-year term insurance; – Paid-up additional insurance (PUAs); and – Premium reduction. There are numerous other variations; many with a combination of these seven. Which do you think is the most popular? (I put […]
The Boca Raton wins lawsuit against local embattled private equity firm
{May 1st, 2025} by Jock Fistick
An embattled private equity firm has suffered another setback in court. Discover the details of this latest judgment and its potential impact. Read via South Florida Business Journal Wink’s Moore on the Market: Straight from the South Florida Business Journal– “The Boca Raton wins lawsuit against local embattled private equity firm” High level bullets: – […]
Don’t Want To Invest In Stocks Right Now? Here Are 5 Good Alternatives
{May 1st, 2025} by J. Arky
Have you checked your portfolio lately? On second thought, maybe hold off on taking a peek at the numbers. It’s no surprise that with tariffs running wild on the economy, the stock market may be making some people nervous right now. While it might seem like stocks are the best and quickest way to earn some […]
Secure Their Financial Future with Growth and Protection
{May 1st, 2025} by Andrew Farrell
Volatile markets can stir up a lot of emotions and concerns for investors—and they may react in ways that spell trouble for their investments. Read via InvestmentNews
Let me be one of the first to REJECT OUTRIGHT
{May 1st, 2025} by David Dean Holland
Dear CFP Board. Wink’s Moore on the Market: How many agree with David Dean Holland‘s thoughts? I have heard similar complaints about the fees/value received from other organizations recently. What will happen to these organizations, if they cease to provide perceived value, in exchange for the fees collected? Will having an alphabet soup […]
Wichita National Life Implements Hexure’s FireLight to Power Annuity Sales and Market Expansion
{May 1st, 2025} by Hexure
DALLAS–(BUSINESS WIRE)–Hexure, a leading provider of sales and regulatory automation solutions for the life and annuity industry, announced Wichita National Life Insurance Company (WNLIC) has successfully launched its new Multi-Year Guaranteed Annuity (MYGA) products, Security 3 (6% guaranteed rate) and Security 5 (6.15% guaranteed rate), on the FireLight platform, streamlining annuity sales processes while ensuring quick […]
‘Economic anxiety’ in March boosts slipping annuity sales, LIMRA finds
{May 1st, 2025} by John Hilton
The post-COVID annuity sales surge is waning, but “economic anxiety” may be sparking a second wave. Total Q1 annuity sales were $105.4 billion, down 1% from the record set in first quarter 2024, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey, representing 84% of the total annuity market. Read via INN
